Clouds gather around the Hong Kong property market.
Coming up to 20 years of Chinese rule in Hong Kong
God help the indigenous Tycoons.
If they allow private capital it might mean the end (or lessening) of forays into foreign real estate by the Chinese masses
Chinese top official warns economy ‘kidnapped’ by property bubble ft.com/content/3bfea8be-7da … da0bcbc928 via @FT
I’ve heard anecdotally that engineers at equivalent pay grades in our company are now paid higher salaries than we are.
Still cheaper than the US though.
Tonnes of very well paid professionals in China. That’s where huge investments and the world’s biggest market for many industries are after all.
For our American based company it’s contributing almost all the revenue and profit growth!
Another ‘‘soft-landing’’ on it’s way.
any experts on china?
many property bubbles depend on chinese money (or at the very least a pull back from chinese investors would have an impact), any insights into this ending
They’ve been making it much harder to get money out for last few years.
I don’t see any problem with the Chinese economy at present investment still strong from government in research.
Basically I don’t see any big cracks but as we all know it’s a big complicated place. They have a big govt meeting coming up so never make any big changes before that .